401k Annuities Included in Suggested Reform

As the heads of financial services companies press Congress for reforms dealing with retirement savings, they are making changes in their product offerings to account for new government support.  This information comes from Matt Ackermann's article "Retirement-Product Moves Accompany Reform Drive" in Bond Buyer.  The changes they seek would ensure that consumers' savings would last them throughout their retirement.  Robert L. Reynolds is the president and CEO of Putnam Investments.  He says... Read More

Putnam's CEO Looks to Future and Sees Annuities

In Business Wire's article "Putnam CEO Reynolds Calls for 2010 to Be the Year of Retirement Reform, with a 'New Generation' of Workplace Savings Plans," Reynolds ideas for the future of retirement plans is highlighted.  Robert L. Reynolds is the President and CEO of Putnam Investments.  He hopes that following 2009's year of healthcare reform, 2010 will be the year for retirement reform.  Annuities and other similar products that have lifetime guaranteed income should be incorporated into... Read More

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